Troy gets four bids for waterfront site

TROY - The city received four proposals for a 5.74-acre parcel of land at the waterfront in South Troy, the former site of the Beacon Institute, according to city officials.

According to City spokeswoman Jessica Sibley, the city received proposals from Collar City Aggregate, Land Development of New York, LLC., Valente Port Venture, LLC., and Adams Street Properties, LLC.

Sibley said a team made up of members of Mayor Lou Rosamilia's administration and members from the public sector will meet to study the details of the proposal and prepare a recommendation for the mayor.

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The city is hoping to have a team put together by the end of the month.